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Friday, Jun 20, 2025
He also raised the issue of coal shortage in the country and shared a news report that claims that India stares at outages as coal stocks at power plants hit a low.
The focus of the government is to increase the share of renewable energy which is available in plenty within the country to meet its requirement.
Australia's reliance on coal-fired power makes it one of the world's largest carbon emitters per capita.
A report by financial think tank Carbon Tracker warns that 92 per cent of these planned units will be uneconomic and up to $150 billion could be wasted.
More than half of Bangladesh's electricity comes from natural gas, though some power plants also run on heavy fuel oil and diesel.
China, Australia, India and Russia account for more than three quarters of the new coal mine projects, according to a study by U.S. think-tank Global Energy Monitor.
According to a report, of all energy project finance profiled in the study, 80 per cent went to renewables while coal received 20 per cent.
For the first time in the history of CIL, the miner's production and off take of coal had surpassed the 600 million tonnes mark, according to its chairman.
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